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HomeMy WebLinkAbout2080 and shall perform. rnmply wlth and abide 6y each and every fhs agreements. stfpulaUoni. conditions and rnvenants the?eoj, and of this mortpape, then lhi, mortgage and the estate hsroby created, shall cease, de- ~ termine and be null and void. ~ i the mortgapor hereby further covenants and agrees fo pay promptly when due the principal and interest and other sums of money provided jor in .said note and tha mortgage, or either: to pay aU and singular the tares, assessments, levies, liabilities, obligations, and enctunbrartces of every nature on sold pro- perly: to permit. commit or st?jjer no waste, impairment or deleriorolion of said land or the Improvements 1he?rcn at any time: to keep the buildings now or hereafter on said land juUy tnattnd in n sum of not less than p/p In a company or companies acceptable to the mortgagee, the policy or policies to 6e held by, and payable fo, said mortpapee, and in the event any sum of money becomes payable by virtue of such insurance ihs mortgapee shall have the right to receive and apply the same to the indebtedness hereby secured, accounting to the mortgapor jor any surplus: to pay all rnsts, charges, and expenses, including lawyer's fees and title searches, reasonably incurred or paid 6y the mortgapee because of the failure of the mortgagor !o promptly and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage, or either: fo perform, comply with and abide 6y ench and every the agreements, atipulattoru, conditions and cot>ena??ts set forth in said note and this mortgage or either. In the even! the mortgagor jails to pay when dtse any fax, assessment, insurance premium or other sum of money payable by virtue of said note and this morfpape. or either, Ilse mortpagee may pay the snme, without u~nining or affecting the option to foreclose or any other ripht hereunder, and all sorb payments shall bear interest from date thereof at the highest law- jttl rate then allourecl by the laws of the State o/ Florida. ; arsy sum of money herein referred to be not promptly paid within 15 day: next njter the same becomes due, or if each and every the apreements, stipulations. rnndilions and covenants of said note and this morfpacte, or either, are not fully performed. complied with and abided 6y, then the entire 'I sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon. :hall- forthwith or thereafter, nl the option of Ilse mortgagee, become and be clue and payable, anything in said note or herein to the contrary notu~ifhsfanding. Failure by the mortpagee to exercise any of the riphts or options herein proridecl shall not constitute n u•airr>r of any riryhfs or options nndw said note or this mortgage accrued or fhereofHv accnring- r ~ ~n ~ttrleSS ~heCeuf, the said morfph4o? lens lse?w?rnto signed and sealed these presents the i clot and f;c•m first nlHSr•e a>rittr•n. ? I Si ned. sealed and eliven>d in !hr prnss>nce of f , J~ MAX A. SIDELMAN ~ ~ - ST4TE OF FLnRIDA, cc~c\TY OF ST. LUCIE ~ I HEREBY CERTIFY that on this day, be[orc me, an officer duly authorized in the Stair aforesaid and in the County aforesaid to take ackaowkdgments, personally appeared ~ MAX A. SIDELMAN to me known to be the person described in and who executed the foregoing instrument and he acknowledged I~efore me that he executed the same. N'17 MESS my hand and official seal in the County and State last aforesaid this Sth day of October D• 1979. ~N>Ct~ NOTARY PUBLIC ' t i°19 OCT ~ 7 f 2' 3~ MY COI~II>1ISSION EXPIRES: 1u Public, S'at© of He-:~~ ! ~rre FILED L'if ~ : C::rt' c J f7ofary , a ST.LUCI~ CO"N1-Y,Ft ~ > ?;;tiY~i.33` i>+8' . C^mm~s;~^n [:.eras ~ ROGER i'CITRr.S ,e. • t CLEP.N CIP.CUIT (r~'>~ " ' o- ~ %u hultrnnEn~ prrprm~/ by: LINDA SANDERSON J'tr?frt~~t~~.. '1 CHELSEA TITLE tr GUARANTY COMPANY i .1J,,,7-~~ X18 P~~O?~ 8000 S. U.S. 1, Port St. Lucie, F1. 33452 g~;,~~